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25881  Alternate cryptocurrencies / Altcoin Discussion / Re: Dogecoin is the OWS of coins.... on: June 18, 2014, 03:17:52 AM
I see the clean folks of the Tea Party as Bitcoin and Dogecoin is the Occupy Wall St. of coins.

Thoughts?

dogecoin is dead, they have no meaning..
25882  Bitcoin / Bitcoin Discussion / Re: warning about coindesk, they sensor posts that mention KNC being a scammer. on: June 18, 2014, 03:15:51 AM
JP Morgan Khan, at it again! They blacklisted my business from their coverage, because I exposed this, they accept payments for fluffy pieces about your company.

cryptocoinnews does to

a known scammer by the name of moriarty paid them to do with a interview
http://www.cryptocoinsnews.com/news/exclusive-interview-bitcoin-networks-dr-michael-moriarty-stanford-phd-becomes-bitcoins-doc-ock/2014/05/17

the scammer done a double meaning name, the same as pirate@40

EG
pirate: someone known to steal from innocent people moving around the international waters
pirate at 40: stealing off innocent people on the interational network (internet)

moriarty: notorious criminal, part of a international criminal network (sherlock holmes villian)
bitcoin moriarty: talks alot about his bitcoin network of 50 scammy businesses

25883  Bitcoin / Bitcoin Discussion / Re: warning about coindesk, they sensor posts that mention KNC being a scammer. on: June 18, 2014, 02:56:15 AM
with their inaccuracies in their reporting, shown by that lack of research and simple copy and paste jobs from other media, whom are also too quick to post truthful and documented 'news'

and their lack of anything truly informative, (mainly re-quoting media and not the true source)

do people actually still read coindesk?
25884  Bitcoin / Bitcoin Discussion / Re: Marriage as a contract in the blockchain. on: June 18, 2014, 02:38:20 AM
the legitimacy of marriage.

i glanced over a few legal things: so here goes (read my disclaimer in my footer)

to avoid the whole state/church licence stuff there is a 'banns for marriage' thing which is about publicly notifying your intent to marriage, so that anyone who can see any reason why the parties involved should not be married can be notified.

so before doing a blockchain marriage certificate you should 3 weeks prior, do a public announcement of intent to marry. .. and whats more internationally public than the blockchain Cheesy

the licence thing is normally to shorten this delay.

i have not yet researched the ceremony itself but in general as long as its publicly shown that both parties have committed themselves to each other, then a marriage is valid. (please check local law of your area about requirements of ministers/registrars)
25885  Bitcoin / Bitcoin Discussion / Re: what is the first question you would ask, if you met Satoshi Nakamoto? on: June 18, 2014, 12:09:23 AM
main reasons satoshi should not come forward

Wheres your stash, and gimme your private keys  Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin
Give me your 1million bitcoins please?
If I buy you sushi, can you shoot me over some of your stash?
Please, may you give me your private key and your bitcoin address?  Grin
Would you give me some BTC you have when you first mined (assuming he did).
I would ask him/her/they to give me 100 btc  Cool

he gave the people a way to make money that was not fixed to any government red tape such as tax, minimum wage, employee contracts, gold plot permits, etc. Yet some people cant see the benefits and still want free hand outs.

if you cant understand the beauty of what satoshi has gave the world then you do not deserve to have an interview with him
25886  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a virtual element? on: June 17, 2014, 11:48:56 PM
As one on the periodic table of virtual elements?

you mean like this:
[ TCP/IP1 ] [ HTTP2 ] [ SMTP3 ] [ SSL4 ] [ BTC5 ]
25887  Bitcoin / Bitcoin Discussion / Re: from mining to retail, what needs to happen on: June 17, 2014, 11:31:13 PM
It's Microsoft bro,
they will "cloud" it.

call me old fashioned but i prefer users to be proper nodes and part of the proper network, not using web walets

last i checked, and this was a long time ago (like a year), the blockchain was something like 12GB.. i wouldn't be surprised if it has reached 16GB by now. no way you can fit that in an installation disk, so it would be a problem. i guess windows could package it in a flash drive, but they can do that with every piece of software. it's too big and too much work.

call me modern but doesnt a blueray disk which most new PC's have contain 25gb/50gb, so if the OEM supplied to pc manufacturers would be blueray based. but we all know PC manufacturers install OEMs onto PC's from a hard drive clone (iso)
25888  Bitcoin / Bitcoin Discussion / Re: from mining to retail, what needs to happen on: June 17, 2014, 11:10:20 PM
Not just....
They can implement things in windows Wink
Windows wallet, etc....

although i hate bloatware. having the last 5 years blockchain already installed were it may only require 5-6 month* left to download could be seen as advantageous.
* time from manufacture -> distribution centre -> retailer

but, now that microsoft is on the list.. any other dominant companies?
im thinking corn/wheat/farmers which will chain react onto pizza companies, cerial companies, and ultimately merchants

25889  Bitcoin / Bitcoin Discussion / Re: from mining to retail, what needs to happen on: June 17, 2014, 10:47:51 PM
If you can get Microsoft in then the rest will follow.

But then again maybe they are working on MicroCoin   Grin Grin Grin Grin Grin Grin

atfirst thought i was thinking:
microsoft as a supplier? most people buy PC's with microsoft already included, or torrent it.. so microsoft is not a big name id waste my time on to help merchants..

but then, the chain reaction as your first sentance pointed out:
although it would help hardware suppliers such as but dell, lenovo, HP, to get onboard as they can buy OEM licences using the bitcoins they get to then start selling PC's at wholesale retailers in bitcoin

so i agree microsoft would 'help' push the PC manufacturers
25890  Bitcoin / Bitcoin Discussion / Re: Argentina Debt Crisis: U.S. Demands 1.5 billion cash (Bitcoin to Rescue?) on: June 17, 2014, 10:43:14 PM
guess you missed the video's about how mortgages, loans, credit is how money is created.

US 'created' money (no true value went to argentina) but now US wants true value back

You should read the article and a few related sources.  They borrowed money, some which would have been from pooled private savers, pensions etc, and they defaulted.  A company hoovered up the worthless bonds and sued them to pay back, which they won and the US courts verdict means they either pay or get cut off.  They actually have the cash $ but don't wish to spend it on repaying this debt.  They want to be at the party but not bring a bottle.

... bond holders... so i think we are on the same page..
25891  Bitcoin / Bitcoin Discussion / from mining to retail, what needs to happen on: June 17, 2014, 10:29:04 PM
just like the wild west, where mining became expensive, the miners began opening saloons, blacksmiths and other things to get paid gold.. meaning less sweat and a calculable profit margin.

so now bitcoin is going through this very phase. ... but what does the bitcoin community really need to help this along.
1) drop shippers, manufacturers, suppliers that accept bitcoin.
2) employee's who are happy to accept 100% bitcoin for thir salary.
3) delivery companies to accept bitcoin.
4) utility companies.

we need to get this ball rolling so that not only do we as a community tell merchants the benefits of bitcoin from the payment processing fee side, but also from the supply/delivery and salary side.

so now lets get our thinking caps on, which companies should be the first that we aim our plea's of bitcoin acceptance too. to help merchants adopt bitcoin more and not have to worry so much about converting to fiat to pay off costs.
25892  Bitcoin / Bitcoin Discussion / Re: Argentina Debt Crisis: U.S. Demands 1.5 billion cash (Bitcoin to Rescue?) on: June 17, 2014, 09:54:43 PM
wait, why is it extortion on debt? if you owe the money, then you have to pay it.. no? can't blame a debt collector from collecting debt.

guess you missed the video's about how mortgages, loans, credit is how money is created.

US 'created' money (no true value went to argentina) but now US wants true value back

now that most people understand bitcoins and altcoins.. i can use a crypto analogy to explain FIAT, rather then the other way around

imagine the USA made an altcoin, called BONDScoin. and said each bondscoin was worth 1million bitcoins (purely because they said so) and then gave 1 bondscoins to argentina. stipulating that they dont want the bondscoins back, but they do want 1.5 million bitcoins back

25893  Bitcoin / Bitcoin Discussion / Re: Marriage as a contract in the blockchain. on: June 17, 2014, 09:44:57 PM
I've always thought that contacts are for people you don't trust - something that you can hang over their head when they do you wrong. Why would you need a contract with your spouse?

To ensure they are not there to take your money is the first reaction.
Rationale before insanity
That is why people write agreements that say that you keep everything you own before the marriage and split what you acquire after the marriage.
Having a good financial agreement is as important entering into marriage as the love they have for their spouse, since finances tend to be one of the biggest issues a married couple have.
http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/before-saying-i-do-think-about-drafting-a-marriage-contract/article5463592/
 
“Marriage is a partnership, and like in any other partnership, usually it is important to have some kind of an agreement.”

marriage is not about that.... your talking about pre-nup...

a marriage is to enforce that someone that is not in your bloodline is provably your next of kin and has entitlements to your wealth, can b a part of your health and a guardian of your descendants.
25894  Economy / Service Discussion / Re: Bitcoinpete - Hater or someone to take serious? on: June 17, 2014, 09:38:53 PM
He likes MPEx a lot:
MPEx vs. The Play Bitcoin Exchanges
http://bitcoinpete.com/2014/05/11/mpex-vs-the-play-bitcoin-exchanges/
Last time I looked that site still appeared to be a pitiful joke...Looks are not everything, but you have got to be kidding, right?

Hmm... agreed. And this is coming from somebody who needs to update/change/work on his own site too. But yes- very, very basic design going on there. Very boring to the wandering eyes. 2 colors on a white background, no pictures in sight (or, site?  Wink). Need to keep those readers/followers/visitors satisfied with some more eye-appealing content.

sheeple like shiny things and will use it even if its broken, if a site has good function, content and truly works, the real people will use it.
25895  Economy / Service Discussion / Re: Bitcoinpete - Hater or someone to take serious? on: June 17, 2014, 08:59:08 PM
I recently came across this website: http://bitcoinpete.com  Some of the titles sound very interesting.
Kind of investigative and critical journalism: Role of circle, coindesk, Bitangels, ... in the current ecosystem.

However, when reading the content it seemed to me like the author is very emotional / arrogant / opinionated / negative.
I also had trouble to understand a lot of what he was writing as he uses a lot of US colloquial language I am not familiar with.

So I am asking:
Is it worth the read? Or is he/she somebody who just likes to offend people making a fuzz about small inaccuracies in the statements of others?

Bonus question: What are the best bloggers in your opinion?
I like Tim Swanson, Two-bit idiot, and Daniel Kawisz from Mises Circle, who is more controversial and outspoken (but not nearly as opinionated as Btcoinpete.)


what i hate is sheeple that are just pleasant to each other and ignorant to facts/research. listen to any and all information and then look beyond what they have said to see if what they say holds weight. id prefer to read/listen to 10 opinionated people rather than listen/read repeated waffle from sheeple who don't do any research

sometimes these small inaccuracies need pointing out as too many sheeple will simply quote the inaccuracy and spread it like FUD, (butterfly effect)

hense why even my opinionated posts have a disclaimer in the footer. always DYOR do your own research
25896  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin's Current Price Doesn't Matter [Video] on: June 17, 2014, 07:15:27 PM

EG where only after doing an S- graph ...
2009: 1k
2010: 100k
2011: 400k
2012: 600k
2013: 800k
2014: 1 million users
2015: 5 million users
2016: 1billion users

Wait, what? I don't think there were 100K users in 2010. And in 2012, I'm sure there wasn't 600K, because that's the time I got into Bitcoins. And in early 2014, over 60,000 International (Working all over the world) merchants were reported. So that means 2013 is sort of wrong, also. Where did those figures come from?

users.. merchants.. 2 different words

in 2009-2010 growth was slow as it was just a small curiousity between crypto geeks. but when the bitcoin pizza and alpaca socks, silk road stuff started it jumped big style, 10,000% then it slowed down to 400%, 200% as the whole silk road propaganda new events started making normal people shy away, yes there was still good growth of 200% but mostly from drug users. now we are starting to see bigger 'normal people' growth again now that positive news is appearing. hense why i guestimate a 500% growth before this time next year and an even more massive growth the year following.

but the main thing to realise about my last post is the word EG... its an example. so no need to knit pick or to treat as gospel!!!

jason (op) referenced the bitcoin 101 video http://www.youtube.com/watch?v=qHUPPYzzZrI which talked about a 5 year pattern when the verticle spike happens. i do not think this should be 5 years from 2009 as i do not see that as the 'public release' i think that it should start from 2010 when there were non-geek people using bitcoin for pizza socks and drugs, and mtgox was around. meaning the spike wont happen before christmas, i think it will be 2015-2016 when the mega spike happens. although between now and then there will be an increase in growth (the start of the curve before the spike)
25897  Other / Archival / Re: Bitcoin mixing services, any risks? on: June 17, 2014, 07:06:52 PM
mixing services advertised to clean drug funds are risky. after all if they steal the funds would you report it to police that you were using a micing service advertised as such.

instead just deposit your funds into a legit exchange like btc-e.com/bitstamp/mintpal etc and then just withdraw again. you wont get the same tainted coins back..
25898  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin's Current Price Doesn't Matter [Video] on: June 17, 2014, 05:23:13 AM
the way i see it is at the moment there are approximately 1million people using bitcoin. lets call average investment as being X (which never changes.

if you talked about population growth where it slowly for 5 years went upto 1million users, and then spikes almost vertically to 50mill-1 billion users. then and only then you done the $ maths calculation. then i would have believed that the current price was meaning less

EG where only after doing an S- graph ...
2009: 1k
2010: 100k
2011: 400k
2012: 600k
2013: 800k
2014: 1 million users
2015: 5 million users
2016: 1billion users
... you would then calculate the $$$$$$.... so this year a 8bill market cap divided by 1mill population = investment of $8k/ person, meaning that if on average every investor stayed at a $8k investment then:
2015=$40bill cap, with 14mill coins mined=$2857/coin
2016=8trillian cap. with 15.5mill coins mined=$516,129

exaggerated example. i do not expect it to go from 1mill to 1 bill population in 2 years. 50 million is more reasonable. which equates to a $400bill market cap, $25,806/coin

25899  Bitcoin / Bitcoin Discussion / Re: Double spending has already happened when will protocol be fixed? on: June 17, 2014, 04:37:38 AM
Double spending has already happened and will continue to do so the 51% attack feared by many is just a larger scale also many people theorize Gash has 51%+ currently anyway. My question is when will the 51%/double spending problem be fixed? Why aren't p2p pools implemented better to mitigate this? When will the devs make an effort to fix this obvious flaw? It's common knowledge that double spending has happened and if there is really any naive people I'll build up some sources and put some links here.
Please put some links.

he wont link you, because there are no transactions that have confirmations where it was the same exact coin used twice. there are however many times there the same 'coin' is on more then one transaction, but one is revealed as a fake (unconfirmed). its not a bug or a protocol issue. its a human error for not doing any checks to confirm its real (zero confirm)
25900  Bitcoin / Bitcoin Discussion / Re: [CPD] Crypto Police Department-Solving Bitcoin/Crypto centered crimes on: June 17, 2014, 04:16:25 AM
There have been many unwanted events in the crypto space such as murders, pedophilia and scams. There are many members of the Bitcoin community that have made a good effort to uncover the truth acting as detectives and even solving some cases, such as the case of Bruce Wagner and the Thailand connection. The CPD aims to be a collective of Crypto detectives in the like working to make the community a better place. Detectives will be recruited and a police department will be formed and we will take down the people that have been destroying the community. The CPD will clean up what has been a plague and if you think you can help leave a reply here or pm me.

i would like to report a crime.

a bunch of people with private eye detective licences are impersonating police officers. Cheesy

now seriously. private eyes can only dox and monitor, they normally end up getting the REAL police to do the arresting.. so tell me if i knew of a scammer, i already knew his life history, address and i had documentation of his scams.

what would you do to ensure funds are returned to the client, what would you do to ensure the scammer was arrested, ended up in court and convicted? or is this just a doxxing service you offer?
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